What exhibit contains Casiola's audited financial statements?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchise Disclosure Document Exhibit D – Financial Statements
Metwally CPA PLLC CERTIFIED PUBLIC ACCOUNTANT
1312 Norwood Dr STE 100, Bedford, Texas 76022 Cell: 214-200-5434 Mmetwally@metwallycpa.com
CONSENT
Metwally CPA PLLC consents to the use in the Franchise Disclosure Document issued by Casiola Franchise, LLC ("Franchisor") on April 25, 2024, as it may be amended, of our report dated March 18, 2024, relating to the financial statements of Franchisor for the year ending December 31, 2023.
Metwally CPA PLLC Metwally CPA PLLC April 25, 2024
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 46–47)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the audited financial statements are located in Exhibit D. The document also includes a consent from Metwally CPA PLLC, the certified public accountant, allowing Casiola to use their report dated March 18, 2024, which relates to Casiola's financial statements for the year ending December 31, 2023.
This is a standard practice in franchising, as audited financial statements provide potential franchisees with an overview of the franchisor's financial health. The inclusion of a CPA's consent ensures that the financial statements have been reviewed and approved by an independent accounting firm.
Prospective franchisees should carefully review Exhibit D, including the balance sheet, statements of operations, members' equity, and cash flows, along with the accompanying notes, to gain a comprehensive understanding of Casiola's financial performance and stability. Understanding the franchisor's financial position is crucial for making an informed investment decision.